Pensacola Interstate Fair Inc

Analysis

Pensacola Interstate Fair Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in December 1952, 74 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pensacola Interstate Fair Inc reported income of $3.6m and spending of $2.9m, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.6m (+66%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pensacola Interstate Fair Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Grand Valley Premier Soccer Club ($3.6m), Gold Medal Karate Inc ($3.6m) and Little Bit Therapeutic Riding Center ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $80k (2.7% of expenses). Other salaries and wages came to $466k. At year end it held assets of $5.4m against liabilities of $4, net assets of $5.4m. It reported 10 employees.